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Accrued Liabilities
9 Months Ended
Sep. 30, 2017
Accrued Liabilities [Abstract]  
Accrued Liabilities

7. Accrued Liabilities

Accrued liabilities consist of the following:





 

 

 



September 30,

 

December 31,



2017

 

2016



 

 

 

Accrued salaries, bonus, and benefits

$     1,891,086

 

$    2,452,183

Accrued rent

523,306 

 

965,412 

Accrued licenses and maintenance fees

579,825 

 

561,450 

Accrued warranties

174,947 

 

222,845 

Accrued taxes

241,688 

 

219,017 

Accrued professional services

239,972 

 

180,450 

Other

358,128 

 

210,216 

Total accrued liabilities

4,008,952 

 

4,811,573 

Less: Long term accrued liabilities

(497,314)

 

(320,409)

Total current accrued liabilities

$     3,511,638

 

$    4,491,164





Our primary company facilities are located in St. Louis, Missouri where we currently lease approximately 52,000 square feet of office and 12,000 square feet of demonstration and assembly space. In the third quarter of 2013, the Company modified the existing lease agreement to terminate approximately 13,000 square feet of unimproved space. The costs associated with the termination were $515,138 and were accrued as a rent liability as of September 30, 2013. As of September 30, 2017, the remaining accrued costs associated with the termination were $116,992.

In the fourth quarter of 2015, the Company entered an agreement to sublease 3,152 square feet of the first floor office space through December 31, 2018.  In July 2016, the Company and the subtenant mutually agreed to an early termination of the sublease, effective July 31, 2016.

 In August 2016 the Company entered into an agreement to sublease approximately 11,000 square feet of office space through December 31, 2018.  The costs associated with the sublease were $40,972 and were accrued as a rent liability as of August 31, 2016.  In January 2017, as part of the sublease agreement, the Company subleased an additional 16,000 square feet through December 31, 2018.  The costs associated with the January sublease were $28,208.  As of September 30, 2017, the remaining accrued costs associated with the termination were $32,471.